SOURCE: RHJ International SA

April 19, 2010 02:14 ET

RHJ International Confirms Kleinwort Benson's First Credit Rating as a Stand Alone Entity

BRUSSELS, BELGIUM--(Marketwire - April 19, 2010) -

RHJ International ("RHJI") confirms Kleinwort Benson's first credit rating from Moody's of Baa2/Prime-2 long and short-term bank deposit ratings and a bank financial strength rating of C, as a stand alone entity.

As announced on October 15, 2009, RHJI will acquire Kleinwort Benson Private Bank Limited and Kleinwort Benson Channel Islands Holdings Limited (together 'Kleinwort Benson') from Commerzbank AG.  This transaction represents the cornerstone of RHJI's transformation into an active and dynamic financial services group.

The acquisition is still subject to regulatory clearances and is expected to close before the end of July.

About RHJ International:

RHJ International (Euronext: RHJI) is a limited liability company incorporated under the laws of Belgium, having its registered office at Avenue Louise 326, 1050 Brussels, Belgium. RHJI is transforming itself from a diversified industrial holding company into an active and dynamic financial services group. For further information visit:

For further information please contact:

Arnaud Denis
Investor Relations Director
Tel: +32 2 643 60 13

This press release contains certain forward-looking statements concerning the Company's operations, economic performance and financial condition. Such forward-looking statements are based on management's current expectations, estimates and projections and are subject to a number of assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The Company has no obligation to publicly update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release.


Full RHJI and Kleinwort Benson Press Release in PDF:

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